Today marks an important milestone for Komodo and the community that has supported our mission from the beginning. Gleec, a licensed digital finance ecosystem serving more than 1 million users worldwide, has acquired the full Komodo Platform technology stack, brand, online assets, token infrastructure and core team.
This acquisition strengthens the vision Komodo has always been built on: secure, native, bridge-free cross-chain trading designed to minimize risk and support real-world adoption.
Komodo technology has powered GleecDEX since 2021. With this acquisition, that innovation becomes fully integrated into Gleec’s ecosystem, enabling faster development, deeper alignment and broader global reach.
Read more in Coindesk’s coverage of the acquisition here.
Why This Matters
Komodo pioneered atomic-swap-based native trading, enabling secure cross-chain swaps without custodial bridges or wrapped assets. As bridge exploits continue to account for major losses across the industry, native trading remains a safer, infrastructure-level alternative.
By bringing Komodo’s technology and team in-house, Gleec is strengthening its regulated product suite, which includes:
- Crypto-friendly debit cards
- Virtual IBANs
- Fiat on/off ramps
- Payment and exchange services
- GleecDEX, already built on Komodo tech
This forms a strong foundation for advancing decentralized trading alongside tools built for everyday use.
What Komodo Will Continue to Deliver
The team remains focused on core pillars that define Komodo’s technology:
- Native, bridge-free cross-chain swaps
- User-ready decentralized trading experiences
- Infrastructure for partners and new market entrants
These priorities will guide how Komodo’s technology develops in Gleec’s ecosystem.
Looking Ahead
With Gleec’s regulatory framework, financial infrastructure and global user base, Komodo’s technology is positioned to reach broader markets and new users worldwide. The team remains committed to a thoughtful transition and ongoing roadmap execution.
A Message to the Komodo Community
The Komodo community has shaped every stage of this technology. Your support and involvement built the foundation that now continues to grow in Gleec’s ecosystem.
Thank you for being part of Komodo’s journey.